Ethereum Blocks Per Day Daily Analysis: Ethereum Statistics (2024)

FAQs

How many blocks of ETH per day? ›

Ethereum Blocks Per Day is at a current level of 7147.00, up from 7134.00 yesterday and up from 7121.00 one year ago. This is a change of 0.18% from yesterday and 0.37% from one year ago.

Ethereum Average Block Time is at a current level of 12.06, up from 12.05 yesterday and down from 12.17 one year ago. This is a change of 0.08% from yesterday and -0.90% from one year ago.

Ethereum Transactions Per Day is at a current level of 1.177M, down from 1.187M yesterday and up from 939262.0 one year ago. This is a change of -0.77% from yesterday and 25.36% from one year ago.

Different cryptocurrencies require different numbers of confirmations before a transaction is considered final. For example, a Bitcoin transaction is often considered secure after six confirmations, while Ethereum transactions are usually considered secure after around 30 confirmations.

Adjustment of ETH issuance to 2 ETH per block.

Ethereum block rewards (or “proposer rewards”) are a built-in mechanism to incentivize proper behavior on the part of the validators that propose blocks. When a validator completes this task by proposing a valid block that is subsequently attested by all other validators, they receive a block reward.

For instance, the average block time of some cryptocurrencies is: Bitcoin (BTC): 10 minutes. Ethereum (ETH): 12 seconds.

Key Takeaways. Block rewards are incentives for cryptocurrency miners to verify a blockchain's transactions and secure the network. Block rewards compensate miners with newly minted cryptocurrency tokens in amounts calculated with pre-set formulas based on network activity, mining difficulty, and other factors.

Ethereum Average Block Size is at a current level of 98704.00, down from 100094.0 yesterday and down from 107197.0 one year ago. This is a change of -1.39% from yesterday and -7.92% from one year ago.

Where are Ethereum blocks stored? ›

In Ethereum, the trie is used to store the current state of the blockchain, including the balances of all accounts and the code and data of all smart contracts. Each node in the trie represents a single piece of data, and the root node represents the current state of the Ethereum blockchain.

A validator creates a new block and attests that the information is valid in a process called attestation. The block is broadcast to other validators called a committee, which verifies it and votes for its validity.

The price of ETH is down -0.12% since last hour, down -0.52% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $31.16 USD. ETH has a circulating supply of 122.05M coins and a max supply of 122.05M ETH.

Ethereum (ETH) Price Prediction 2030

According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,401.11 by 2030.

The bars are where most of the data falls. The black dots are outliers. The data clearly shows fees are at their highest between 2-6pm UTC. The best times to transact are instead between 1AM-3AM, 5AM-8AM, and 9PM to 11PM UTC.

Block time defines the time it takes to mine a block. Both in bitcoin blockchain and ethereum blockchain, there is an expected block time, and an average block time. In bitcoin, the expected block time is 10 minutes, while in ethereum it is between 10 to 19 seconds.

ETH Token Utility

Ethereum's native cryptocurrency is ether (ETH). Unlike cryptocurrencies like BTC, ETH has no maximum supply but changes based on several factors, including network usage & the amount of ETH staked. As of early 2024, the circulating supply is roughly 120 million ETH.

Considering the current difficulty level, mining 1 Ethereum takes about 60 days.